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AI in BFSI - Readiness, Risk and Rewards

AI is transforming BFSI with enhanced efficiency, risk assessment, and financial inclusion. However, managing bias, security, and regulations is crucial. A balanced approach with automation and human oversight will shape AI's future.

EY India launches customised fine-tuned LLM to enhance AI adoption in BFSI sector

EY India has developed a 'Customised Fine-Tuned LLM' tailored specifically for Banking, Financial Services, and Insurance (BFSI) sector, promising to revolutionize customer service and operational efficiency. (Photo: X)

Huntington among banks using AI to help lure customer deposits

Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.

China's central bank vows to promote applications of AI large language models

The People's Bank of China (PBC), the central bank, held a meeting to reinforce its technological work in 2025, vowing to promote the applications of artificial intelligence (AI) large language models and related technologies in the financial sector to accelerate the process of financial digitalization.

The Finance Sector Is Hitting an Inflection Point With AI

Prudential Financial's Lauren Clement wonders if new breakthroughs in AI could completely disrupt how the industry has long relied upon artificial intelligence.

Fidelity (FIS) Debuts Treasury GPT AI Tool for Finance Automation

We recently published a list of 12 AI News Investors Should Not Miss This Week. In this article, we are going to take a look at where Fidelity National Information Services, Inc.

CommBank Expands AI Partnership With Anthropic

Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and

Blockchain 7month
Redefining banking, finance via innovative communication

By leveraging AI analytics, financial institutions can gain deeper insights into customer behaviour and preferences, enabling them to offer tailored solutions such as personalised loans